The invention discloses an alginate wound repair dressing and a preparation method thereof. The alginate wound repair dressing combines alginate, honey and bioactive glass 45S5. The alginate is highly hygroscopic, hemostatic, and soft gelling. The combination of the functional substances alginate, honey and bioactive glass achieves an antibacterial effect, an analgesic effect and growth factor secretion, resulting in a synergistic wound healing effect, optimizing wound care. In addition, by performing hydrophobic modification of the alginate, ion exchange of the bioactive glass and honey during wound healing occurs slowly, such that the wound healing effect of the alginate wound repair dressing can last for a long period, thereby reducing the need to change dressings and increasing the comfort of the patient. The preparation process of the composite material in the invention does not require any special equipment, the reaction conditions are mild, and the technology is well-developed. The preparation process is suitable for industrial mass production.